Citigroup Inc. started coverage on shares of Tyco International Ltd. (NYSE:JCI) in a research report issued on Monday. The firm set a “buy” rating and a $54.00 price target on the stock. Citigroup Inc.’s target price would indicate a potential upside of 17.67% from the company’s previous close.

Several other analysts have also recently commented on JCI. Zacks Investment Research cut Tyco International from a “buy” rating to a “hold” rating in a report on Monday, August 8th. Credit Suisse Group AG reiterated an “outperform” rating and issued a $52.00 target price on shares of Tyco International in a report on Tuesday, August 23rd. RBC Capital Markets initiated coverage on Tyco International in a report on Tuesday, September 6th. They issued a “sector perform” rating and a $50.00 target price on the stock. Royal Bank Of Canada initiated coverage on Tyco International in a report on Tuesday, September 6th. They issued a “sector perform” rating and a $50.00 target price on the stock. Finally, Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $52.00 target price (up from $51.00) on shares of Tyco International in a report on Wednesday, September 7th. Seven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. Tyco International has an average rating of “Buy” and a consensus target price of $48.76.

Shares of Tyco International (NYSE:JCI) opened at 45.89 on Monday. The firm’s market capitalization is $42.94 billion. The stock has a 50 day moving average of $43.82 and a 200-day moving average of $43.74. Tyco International has a 12-month low of $28.94 and a 12-month high of $48.97.

Tyco International (NYSE:JCI) last announced its earnings results on Tuesday, November 8th. The company reported $1.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.20. Tyco International had a positive return on equity of 15.76% and a negative net margin of 4.09%. The business had revenue of $10.21 billion for the quarter, compared to analysts’ expectations of $9.64 billion. During the same period in the prior year, the business posted $0.64 earnings per share. The firm’s revenue was up 16.6% on a year-over-year basis. On average, equities research analysts predict that Tyco International will post $2.73 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the company. Compass Capital Management Inc. boosted its stake in Tyco International by 5.0% in the second quarter. Compass Capital Management Inc. now owns 464,819 shares of the company’s stock worth $20,573,000 after buying an additional 22,209 shares during the last quarter. Retirement Systems of Alabama boosted its stake in Tyco International by 0.3% in the second quarter. Retirement Systems of Alabama now owns 330,547 shares of the company’s stock worth $14,630,000 after buying an additional 1,144 shares during the last quarter. Genesee Valley Trust Co. boosted its stake in Tyco International by 32.1% in the second quarter. Genesee Valley Trust Co. now owns 11,377 shares of the company’s stock worth $504,000 after buying an additional 2,764 shares during the last quarter. Creative Planning boosted its stake in Tyco International by 8.2% in the second quarter. Creative Planning now owns 28,320 shares of the company’s stock worth $1,253,000 after buying an additional 2,149 shares during the last quarter. Finally, Calamos Advisors LLC acquired a new stake in Tyco International during the second quarter worth approximately $39,776,000. Institutional investors own 92.13% of the company’s stock.